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Money and Mental Health Policy Institute

October 8, 2020

Government agrees to take action on distressing debt letters

The government has announced changes to make the most intimidating debt letters more supportive and less threatening.
July 27, 2020

Action needed to ensure people in distress in England can access debt support

Nearly half of people in problem debt in England also have a mental health problem, common symptoms of which make it much harder to find and engage with debt advice.
July 17, 2019

Power of Attorney system 'exposing people with mental health problems to financial abuse'

Charity says existing tools for sharing financial decision-making, such as Power of Attorney, are unfit for purpose.
May 16, 2019

Charity responds to FCA's report on duty of care

The Money and Mental Health Policy Institute has welcomed a new report from the Treasury Select Committee, which calls for sweeping changes to ensure people with mental health problems get a fair deal from financial services.
April 24, 2019

Financial Conduct Authority rules out introducing duty of care for vulnerable customers

The Financial Conduct Authority has confirmed that it will not introduce a legal ‘Duty of Care’ for financial services firms to their customers.
March 26, 2019

Survey reveals link between problem debt and mental health

People with mental health problems are 3.5 times more likely to be in problem debt than those without mental health problems, says the Money and Mental Health Policy Institute.
December 12, 2018

Barclays bank gives customers power to block gambling transactions

Customers will be able to ‘turn off’ payments for gambling websites and betting shops.
November 2, 2018

Call for more support for people unable to work due to poor mental health

Over two million people are forced to limit work due to poor mental health. Many are pushed into debt as a result.
July 18, 2018

Campaigners celebrate as FCA backtracks on definition of 'vulnerable customers'

Campaigners have welcomed the Financial Conduct Authority's decision to reverse its proposals for a heavily criticised new definition of ‘vulnerable consumers’.
July 5, 2018

Action urged for people with mental health problems locked out of essential services

New research by the Money and Mental Health Policy Institute has found that millions of people with mental health problems are left unable to effectively use essential services due to difficulties with tasks like making telephone calls, opening the post or navigating complex online forms.